I was a bit surprised when looking through the latest Costco magazine. In a letter to the editor, a man wrote about how a .tel domain name streamlined his networking process. Of course, it was just a letter to the editor, but the man went on to discuss selling his business, making a lot of money, etc. It seemed to be coming from someone who knew a thing or two about networking. It was interesting to me because I really haven’t heard anything about .tel in a few years.

I can see how a .tel domain name could be somewhat beneficial for giving someone all of your contact information, but today it’s so easy to send someone all of that information in a text or email. I wouldn’t pay a yearly fee to have this information online. But, that’s just me! What about you?

Today my PayPal business debit card came in the mail. Today is also the day that I decided PayPal is a great solution for your business.

Don’t get me wrong – I’ve always used PayPal… Because I had to. It’s too convenient to not use.

The major drawbacks that I’ve seen in the past are chargebacks and the inability to quickly access funds.

Chargebacks

These can still be an issue. However, to date, I haven’t had a bad experience with them. It’s a bit of a hassle to get on the phone and speak to a representative, but in both cases where I’ve fallen victim to a chargeback, I’ve gotten the help I needed.

Inability to access funds

With the PayPal debit card, this is no longer an issue. You can still withdraw funds to your bank account, but it takes 3-5 days for it to process. The PayPal debit card is instant and I can’t wait to give it a spin.

I’ve been researching different banks to use for my business but for now I will stick with PayPal. If you have any positive experiences with other banks, please let me know in the comments.

This is the third interview with a number of top domain name industry figures. Read the interview with Rick Schwartz and Ron Jackson.

Andrew Allemann owns DomainNameWire.com – one of the domain industry’s leading news sources. His blog is always up to date with the latest happenings in the domain world. I had the opportunity to ask him a few questions about how he got started in the domain name industry.